Ethereum’s Deflation Rate Hits New Yearly Highs – Here’s Where the ETH Price is Headed Next

Ethereum logo.Source: Adobe The rate at which the Ether supply is contracting has recently reached its highest level of the year. On Wednesday, the annualized EIP-1559 burn rate exceeded the ETH issuance rate by 1.425%. This is the highest since last May, when the deflation rate exceeded 17% for just one day. Rising deflation rates […]

Source

The post Ethereum’s Deflation Rate Hits New Yearly Highs – Here’s Where the ETH Price is Headed Next appeared first on BitcoinZ Pro Info.



Comments

Post a Comment

Popular posts from this blog

This New Crypto Enables Electric Vehicle Drivers to Pay with Crypto – Time to Buy?

Sauce / C+ Charge The electric vehicle (EV) industry is booming, fueled by global efforts to promote sustainable transportation. This rapid expansion requires state-of-the-art charging infrastructure to keep up with demand. C+Charge is a groundbreaking project that fuses the EV charging environment with virtual currency to provide users with efficient and innovative solutions. Introducing C+Charge: […] Source The post This New Crypto Enables Electric Vehicle Drivers to Pay with Crypto – Time to Buy? appeared first on BitcoinZ Pro Info .
Read more

Your Complete on How to Buy File Coin

Are you interested on buy file coin the decentralized cloud storage network that allows users to buy and sell unused storage space? If so, you’ve come to the right place! In this blog post, we’ll guide you through the steps on how to buy file coin in an easy-to-understand manner. Before we dive into the steps on how to buy file coin, let’s briefly discuss what it is and why it’s becoming increasingly popular. What is Filecoin? Furthermore, Filecoin’s blockchain-based storage network is designed to reward users for contributing their storage space to the network, making it an incentivized and decentralized storage platform. This is achieved through the use of smart contracts, which allow for automatic payment to be made to storage providers in FIL tokens. Additionally, the platform aims to provide secure and efficient storage solutions to individuals and businesses alike, making it a versatile storage platform for a variety of use cases. Filecoin’s aim is to create a decentralized n...
Read more

“Oversold” Bitcoin Bounces From 200DMA & Realized Price – Where Next for BTC as Bank Crisis/Fed Tightening Jitters Rock Sentiment?

Bitcoin.Source: Adobe Bitcoin (BTC) is currently oversold according to the widely followed 14-day Relative Strength Index (RSI) indicator after falling another 1% on Friday and losing more than 10% since the start of the week. . BTC/USD last traded in the $20,100’s and fell to the $19,500’s early in the session, with the RSI just […] Source The post “Oversold” Bitcoin Bounces From 200DMA & Realized Price – Where Next for BTC as Bank Crisis/Fed Tightening Jitters Rock Sentiment? appeared first on BitcoinZ Pro Info .
Read more